Europe Levies Big Fines for Freight Cartel

Discussion in 'The Latest UPS Headlines' started by cheryl, Mar 29, 2012.

  1. cheryl

    cheryl I started this. Staff Member

    Europe Levies Big Fines for Freight Cartel - New York Times

    The participants in a freight cartel were caught not so much red-handed as green-fingered.

    Seeking to conceal their price-fixing activities, employees from freight companies like United Parcel Service and Kuehne & Nagel used nicknames like Head Planter, Gardener, Cat Weasel and Horticulturalist, the European Commission said Wednesday.

    U.P.S., based in the United States and involved in three of the cartels, was fined 9.8 million euros
  2. OptimusPrime

    OptimusPrime Active Member